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AEMO says major market reform essential to cut energy prices
AEMO and ARENA again plead for changes to market rules to keep pace with extraordinary change of technology. Australia’s over-buit grid is locked in 20th century, with much capacity sitting idle and peaking plants trying to recoup a year’s revenue in just a few hours. -
The great divide over Australia’s energy future
The energy rule-maker’s dystopian view of our immediate energy future underlines the growing divide on the future of renewables. There are those who see them as key to a smarter, cheaper, cleaner and more reliable grid. And other who simply believe it can’t be done. -
AEMO looks at smarter ways to deal with extreme peaks and heatwaves
In what’s being called a “breakthrough moment”, AEMO and ARENA team up to provide 100MW demand response capacity to meet next summer’s critical peaks. The program will focus on technologies like solar and storage in a way previously ignored by policy makers. -
AEMO chief says clinging to old energy business models is “insane”
New head of AEMO says South Australia’s system black was a wake up call for all in the energy industry, and says holding on to old business models is “insane”. She is also pushing for changes in market rules, including 5-minute settlement, which she says will make solar and wind “highly predictable.”
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